Snap (SNAP) Q1 2024 earnings
Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 23% in extended trading. Here’s how the company…
Alphabet set to report first-quarter results after market close
Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Alphabet will…
Meta stock down 14% on weak revenue forecast
Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Meta…
Meta’s Reality Labs posts $3.85 billion loss in first quarter
Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California. Glen Chapman | AFP | Getty Images…
Meta loses $200 billion in value, Zuckerberg focuses on AI, metaverse
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Mark…
Meta (META) Q1 2024 earnings
Meta shares plunged in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results. Here are the key numbers: Earnings per share: $4.71 per…
Microsoft, Amazon AI partnerships face scrutiny from British regulators
A Microsoft logo seen displayed on a smartphone screen and Amazon logo in the background in Athens, Greece on October 5, 2023. Nurphoto | Nurphoto | Getty Images British antitrust…
CEO of world’s largest wealth fund says there’s a lot of froth
The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector, suggesting that whether there is too much…
Big Tech keeps prioritizing AI as earnings approach
Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images…
Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies
Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company’s Meta Horizon operating system, the company said Monday. The move…